Rls to pay contractors within 30 days, else will pay interest
NEW DELHI: Union minister Ashwini Vaishnaw on Tuesday said the railways has set a new norm of releasing payments to private players within 30 days, eliminating the “biggest risk” that contractors face ...
India to discourage foreign trade settlement in Chinese yuan: Sources
NW DELHI: India has asked banks and traders to avoid using Chinese yuan to pay for Russian imports, three government officials involved in policy making and two banking sources said, because of long-r ...
Eight of top 10 firms lose Rs 1.03 lakh crore in market valuation
NEW DELHI: Eight of the top 10 valued firms faced a combined erosion of Rs 1,03,732.39 crore in market valuation last week, with Reliance Industries and ICICI Bank taking the biggest hit amid an overa ...
Net direct tax collection reaches Rs 13.73L cr, 83% of revised estimate for FY23
NEW DELHI: Net direct tax collection so far this fiscal grew 17 per cent to reach Rs 13.73 lakh crore, which is 83 per cent of the revised target for the full financial year, the Central Board of Dire ...
JLR owner Tata seeks to sell engineering unit stake in India IPO
NEW DELHI: Tata Technologies Ltd. has sought approval from India’s markets regulator for an initial public offering in which its parent carmaker Tata Motors Ltd. and other investors will sell as many ...
Adani stock rout puts spotlight on billions flowing through Mauritius
The tiny island of Mauritius spent years trying to clean up its image as a base for murky money launderers and shell firms. The short-seller allegations against billionaire Gautam Adani are once again ...